๐ Instant Equity and Monthly Cash Flow Sub too Opportunity in Yakima next to Community College ๐
Down Payment: $45,000
ARV: $230,000- $250,000
Estimated Remodel: $20,000
All-In Purchase Price including existing mortgage: $185,266.65
1412 W Prasch Ave ,Yakima, WA 98902
Mortgage information:
- Mortgage balance: $140,266.65
- Interest rate: 3.3750%
- Principal pay down: $269.09
- Monthly payment: $1,032.41
2 beds | 1 baths | 852 sqft
Fully fenced front yard and private backyard (added in 2023) on an 8,712 sqft lot.
Home was partially remodeled in 2021-2022, including a new roof and flooring.
Detached garage/storage in back (built in 2023).
Located across the street from Yakima Valley Community Collegeโgreat opportunity for student rentals.
The property requires a new sewer line.
The potential rental rate is estimated to be between $1,350 and $1,500 per month.
House is rentable as is. However, future remodel opportunities could include updating the kitchen and we have included CAD drawings of a possible remodel option replacing the flooring in the kitchen. And waterline repair needed.
Closing date: 3/14/2025 โ Cash and hard money only, 10,000 EM deposit upon mutual acceptance. Buyer to pay closing costs.
Please contact us via DM or call if you have any other questions (503) 404-4532.